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Calculation of Levered and Unlevered Beta of Bombay Burmah Trading Corporation (BBTC)

Date Weekly Stock Closing Price Weekly BSE 500 Closing Stock Weekly Returns
3/9/2014 93.80 7960.57 0.05
3/16/2014 95.30 7991.38 1.60
3/23/2014 96.20 8255.55 0.94
3/30/2014 106.60 8316.76 10.81
4/6/2014 110.05 8440.95 3.24
4/13/2014 103.70 8431.71 -5.77
4/20/2014 109.25 8456.05 5.35
4/27/2014 102.55 8351.53 -6.13
5/4/2014 102.10 8530.80 -0.44
5/11/2014 108.70 8970.17 6.46
5/18/2014 130.00 9398.36 19.60
5/25/2014 120.55 9206.01 -7.27
6/1/2014 145.10 9715.82 20.36
6/8/2014 143.10 9606.41 -1.38
6/15/2014 145.55 9582.66 1.71
6/22/2014 145.10 9651.90 -0.31
6/29/2014 145.75 9987.99 0.45
7/6/2014 124.55 9509.77 -14.55
7/13/2014 148.35 9809.49 19.11
7/20/2014 161.85 9881.26 9.10
7/27/2014 203.70 9703.32 25.86
8/3/2014 189.65 9637.90 -6.90
8/10/2014 193.10 9857.33 1.82
8/17/2014 193.40 10081.59 0.16
8/24/2014 207.50 10096.08 7.29
8/31/2014 205.40 10321.39 -1.01
9/7/2014 242.55 10431.17 18.09
9/14/2014 264.25 10402.83 8.95
9/21/2014 246.50 10144.61 -6.72
9/28/2014 245.10 10146.17 -0.57
10/5/2014 242.30 10039.93 -1.14
10/12/2014 223.25 9919.11 -7.86
10/19/2014 244.90 10254.70 9.70
10/26/2014 259.00 10594.89 5.76
11/2/2014 304.45 10650.66 17.55
11/9/2014 301.25 10751.96 -1.05
11/16/2014 401.25 10849.39 33.20
11/23/2014 449.85 10956.16 12.11
11/30/2014 520.45 10989.60 15.69
12/7/2014 415.30 10590.69 -20.20
12/14/2014 388.00 10560.47 -6.57
12/28/2014 424.10 10662.50 9.30
1/4/2015 472.30 10731.21 11.37
1/11/2015 464.90 11013.09 -1.57
1/18/2015 457.45 11343.20 -1.60
1/25/2015 430.45 11346.24 -5.90
2/1/2015 415.70 11128.09 -3.43
2/8/2015 460.05 11354.29 10.67
2/15/2015 468.25 11404.63 1.78
2/22/2015 422.80 11405.29 -9.71
3/1/2015 474.60 11567.69 12.25
3/8/2015 477.80 11246.40 0.67
3/15/2015 449.05 11140.31 -6.02
3/22/2015 430.20 10843.47 -4.20
3/29/2015 449.15 11183.83 4.40
4/5/2015 478.05 11475.18 6.43
4/12/2015 453.75 11239.35 -5.08
4/19/2015 422.85 10812.99 -6.81
4/26/2015 419.10 10696.83 -0.89
5/3/2015 419.65 10663.02 0.13
5/10/2015 421.70 10815.59 0.49
5/17/2015 467.00 11030.10 10.74
5/24/2015 547.30 11023.76 17.19
5/31/2015 515.55 10604.43 -5.80
6/7/2015 473.75 10409.55 -8.11
6/14/2015 488.05 10739.35 3.02
6/21/2015 489.10 10921.29 0.22
6/28/2015 503.25 11069.14 2.89
7/5/2015 513.95 10959.29 2.13
7/12/2015 535.65 11292.97 4.22
7/19/2015 526.65 11182.00 -1.68
7/26/2015 608.10 11233.42 15.47
8/2/2015 584.95 11358.74 -3.81
8/9/2015 574.80 11236.11 -1.74
8/16/2015 558.10 10991.16 -2.91
8/23/2015 478.25 10569.62 -14.31
8/30/2015 451.10 10143.89 -5.68
9/6/2015 452.80 10281.36 0.38
9/13/2015 464.25 10490.92 2.53
9/20/2015 458.60 10390.73 -1.22
9/27/2015 482.40 10513.83 5.19
10/4/2015 519.30 10789.44 7.65
10/11/2015 514.70 10865.39 -0.89
10/18/2015 509.30 10928.03 -1.05
10/25/2015 498.40 10671.58 -2.14
11/1/2015 505.05 10510.58 1.33
11/8/2015 489.20 10321.20 -3.14
11/15/2015 494.40 10464.00 1.06
11/22/2015 484.35 10573.65 -2.03
11/29/2015 485.10 10418.90 0.15
12/6/2015 438.20 10161.21 -9.67
12/13/2015 462.40 10396.61 5.52
12/20/2015 471.25 10527.28 1.91
12/27/2015 492.75 10634.22 4.56
1/3/2016 471.30 10266.94 -4.35
1/10/2016 425.30 9898.08 -9.76
1/17/2016 403.50 9826.13 -5.13
1/24/2016 407.05 10014.03 0.88
1/31/2016 407.80 9904.23 0.18
2/7/2016 320.70 9215.17 -21.36
2/14/2016 352.70 9476.53 9.98
2/21/2016 335.55 9239.56 -4.86
2/28/2016 373.20 9851.02 11.22
3/6/2016 367.40 9876.11 -1.55
3/13/2016 361.95 9973.19 -1.48
3/20/2016 383.10 10138.16 5.84
3/27/2016 376.10 10179.64 -1.83
4/3/2016 379.50 10028.48 0.90
4/10/2016 409.75 10382.73 7.97
4/17/2016 401.45 10468.76 -2.03
4/24/2016 403.20 10406.12 0.44
5/1/2016 391.20 10271.89 -2.98
5/8/2016 415.10 10399.54 6.11
5/15/2016 407.95 10292.45 -1.72
5/22/2016 376.20 10739.61 -7.78
5/29/2016 380.60 10817.38 1.17
6/5/2016 399.35 10801.59 4.93
6/12/2016 406.20 10805.87 1.72
6/19/2016 387.50 10707.39 -4.60
6/26/2016 423.00 11106.31 9.16
7/3/2016 404.50 11122.45 -4.37
7/10/2016 404.80 11361.58 0.07
7/17/2016 403.20 11420.35 -0.40
7/24/2016 408.15 11585.96 1.23
7/31/2016 404.30 11627.71 -0.94
8/7/2016 472.40 11513.37 16.84
8/14/2016 493.40 11681.18 4.45
8/21/2016 492.10 11591.88 -0.26
8/28/2016 498.00 11851.03 1.20
9/4/2016 563.05 11972.58 13.06
9/11/2016 551.20 11840.67 -2.10
9/18/2016 608.15 11947.61 10.33
9/25/2016 570.85 11700.65 -6.13
10/2/2016 649.95 11907.81 13.86
10/9/2016 633.65 11774.60 -2.51
10/16/2016 629.95 11929.72 -0.58
10/23/2016 605.45 11853.37 -3.89
10/30/2016 564.65 11504.86 -6.74
11/6/2016 529.70 11270.49 -6.19
11/13/2016 487.50 10920.98 -7.97
11/20/2016 510.15 11005.09 4.65
11/27/2016 498.55 10989.25 -2.27
12/4/2016 517.35 11227.73 3.77
12/11/2016 493.95 11031.97 -4.52
12/18/2016 486.65 10781.37 -1.48
12/25/2016 515.30 11036.44 5.89
1/1/2017 544.75 11199.51 5.72
1/8/2017 549.35 11423.49 0.84
1/15/2017 541.25 11388.54 -1.47
1/22/2017 567.10 11783.09 4.78
1/29/2017 605.35 11959.40 6.74
2/5/2017 600.05 12053.91 -0.88
2/12/2017 636.25 12068.00 6.03
2/19/2017 664.45 12212.80 4.43
2/26/2017 717.45 12156.62 7.98
3/5/2017 767.25 12176.27 6.94
3/12/2017 760.60 12524.81 -0.87
3/19/2017 847.05 12485.43 11.37
3/26/2017 853.35 12631.90 0.74
4/2/2017 827.95 12712.39 -2.98
4/9/2017 884.55 12710.75 6.84
4/16/2017 890.30 12729.13 0.65
4/23/2017 941.30 12979.24 5.73
4/30/2017 883.65 12945.57 -6.12
5/7/2017 881.20 13112.98 -0.28
5/14/2017 881.15 13051.03 -0.01
5/21/2017 905.70 13164.84 2.79
5/28/2017 890.40 13290.23 -1.69
6/4/2017 881.35 13355.15 -1.02
6/11/2017 919.15 13287.83 4.29
6/18/2017 880.75 13207.78 -4.18
6/25/2017 880.95 13178.45 0.02
7/2/2017 897.35 13409.25 1.86
7/9/2017 880.55 13660.58 -1.87
7/16/2017 887.05 13704.49 0.74
7/23/2017 882.75 13828.51 -0.48
7/30/2017 882.00 13879.81 -0.08
8/6/2017 884.15 13336.33 0.24
8/13/2017 895.75 13595.73 1.31
8/20/2017 897.65 13617.08 0.21
8/27/2017 1023.35 13857.59 14.00
9/3/2017 1037.30 13848.84 1.36
9/10/2017 1236.65 14077.60 19.22
9/17/2017 1258.95 13834.58 1.80
9/24/2017 1286.90 13610.70 2.22
10/1/2017 1415.10 13910.16 9.96
10/8/2017 1528.50 14146.89 8.01
10/15/2017 1691.85 14154.57 10.69
10/22/2017 1680.05 14405.17 -0.70
10/29/2017 1647.30 14657.91 -1.95
11/5/2017 1597.60 14484.86 -3.02
11/12/2017 1459.75 14454.33 -8.63
11/19/2017 1508.95 14628.58 3.37
11/26/2017 1516.55 14338.18 0.50
12/3/2017 1529.90 14535.58 0.88
12/10/2017 1456.45 14586.05 -4.80
12/17/2017 1627.45 14908.09 11.74
12/24/2017 1702.55 15002.73 4.61
12/31/2017 1610.40 15137.99 -5.41
1/7/2018 1712.65 15283.93 6.35
1/14/2018 1601.25 15378.91 -6.50
1/21/2018 1509.10 15514.22 -5.75
1/28/2018 1285.45 14886.09 -14.82
2/4/2018 1313.00 14649.94 2.14
2/11/2018 1522.45 14614.53 15.95
2/18/2018 1551.50 14639.90 1.91
2/25/2018 1416.70 14611.24 -8.69
3/4/2018 1346.65 14234.38 -4.94
ng Corporation (BBTC)

BSE 500 Weekly Returns SUMMARY OUTPUT


0.00
0.39 Regression Statistics
3.31 Multiple R
0.74 R Square
1.49 Adjusted R Square
-0.11 Standard Error
0.29 Observations
-1.24
2.15 ANOVA
5.15
4.77 Regression
-2.05 Residual
5.54 Total
-1.13
-0.25
0.72 Intercept
3.48 X Variable 1
-4.79
3.15 From Balance Sheet of the company for FY 17-18
0.73 Long Term Debt
-1.80 Short Term Debt
-0.67 Total Debt
2.28 Total Equity
2.28 D/E Ratio
0.14
2.23
1.06 Links
-0.27 Bombay Burmah Trading Corporation, Ltd
-2.48 Corporate Tax Rate
0.02 Tea and Coffee Plantation Companies in India
-1.05 Beta Verification
-1.20
3.38
3.32
0.53
0.95
0.91
0.98
0.31
-3.63
-0.29
0.97
0.64
2.63
3.00
0.03
-1.92
2.03
0.44
0.01
1.42
-2.78
-0.94
-2.66
3.14
2.61
-2.06
-3.79
-1.07
-0.32
1.43
1.98
-0.06
-3.80
-1.84
3.17
1.69
1.35
-0.99
3.04
-0.98
0.46
1.12
-1.08
-2.18
-3.84
-4.03
1.36
2.04
-0.96
1.18
2.62
0.70
0.58
-2.35
-1.51
-1.80
1.38
1.05
-1.46
-2.47
2.32
1.26
1.02
-3.45
-3.59
-0.73
1.91
-1.10
-6.96
2.84
-2.50
6.62
0.25
0.98
1.65
0.41
-1.48
3.53
0.83
-0.60
-1.29
1.24
-1.03
4.34
0.72
-0.15
0.04
-0.91
3.73
0.15
2.15
0.52
1.45
0.36
-0.98
1.46
-0.76
2.24
1.03
-1.10
0.90
-2.07
1.77
-1.12
1.32
-0.64
-2.94
-2.04
-3.10
0.77
-0.14
2.17
-1.74
-2.27
2.37
1.48
2.00
-0.31
3.46
1.50
0.79
0.12
1.20
-0.46
0.16
2.86
-0.31
1.17
0.64
-0.01
0.14
1.96
-0.26
1.29
-0.47
0.87
0.95
0.49
-0.50
-0.60
-0.22
1.75
1.87
0.32
0.90
0.37
-3.92
1.95
0.16
1.77
-0.06
1.65
-1.73
-1.62
2.20
1.70
0.05
1.77
1.75
-1.18
-0.21
1.21
-1.99
1.38
0.35
2.21
0.63
0.90
0.96
0.62
0.88
-4.05
-1.59
-0.24
0.17
-0.20
-2.58
tics
0.5304817689
0.2814109072
0.2779226106
6.4278878077
208

df SS MS F Significance F
1 3333.220941 3333.2209405044 80.67287334 1.70661E-16
206 8511.454784 41.3177416688
207 11844.67572

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
0.9590512164 0.450752532 2.1276668413 0.034553471 0.070371563 1.84773087 0.070371563
2.020047515 0.224904333 8.9818079107 1.70661E-16 1.576638127 2.463456903 1.576638127

pany for FY 17-18 Tax Rate 34.61%


60.52 D/E Ratio 0.93
244.96 Beta (Levered) 2.020
305.48 Beta (Unlevered) 1.254
327.13
0.93

http://bbtcl.com/
https://ieconomics.com/india-corporate-tax-rate
http://www.moneycontrol.com/stocks/marketinfo/marketcap/bse/plantations-tea-coffee.html
https://in.reuters.com/finance/stocks/overview/BBRM.NS
Upper 95.0%
1.84773087
2.463456903

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